Exchange
For exchanging money, you can refer to the banks
which have a sign of "EXCHANGE" on their entrance.
There are also authorized exchange shops in the
airport or tourist areas where you can exchange
your money at a bit more cost, but fast.
These shops are called "SARRAFI" in Farsi which is
the equivalent word for exchange.
There are also street exchangers in tourist areas
who usually hold a bunch of banknotes and show
them to people who are passing and shout Dollars,
Pounds, Euros. This way of exchange is not legal
and is not recommended.
You can exchange USD, EUR, GBP, AED almost
everywhere, but other major currencies can be
exchanged in certain bank branches.
Foreign credit cards are not still a reliable way
for payments in Iran, as the situation of their
acceptance changes a lot. Sometimes, you can use
it and sometimes you can't. So, it's better to
forget it at least at this time. Hopefully,
according to the new financial laws, this problem
will be solved soon. There are many ATMs
everywhere in Iran, but they only accept the
domestic cards and are currently useless to
foreigners.
Travellers Cheques may be accepted by some hotels
or shops, but it's not a reliable way of
bringing money to Iran.
Considering the above matters, it is recommendable
to bring money in cash in form of USD, EUR or GBP.
Using a money-belt is proposed.Current rate of exchange
according to Iran's Central Bank.
This can be different from the market rate at
which you can exchange at exchange shops.

Iranian Currency
Iranian currency is Iranian Rial. There is
another money unit in Iran which is called
Toman and is equivalent to 10 Rials. Toman is
more common in oral quotes, while Rial is
the official unit and used in most verbal
documents. Price etiquettes may come either in
Rial or Toman and usually are understood by
the buyers. In case of doubt, check it with the
seller.

Current Coins & Banknotes

Rls. 5Panjzar

Rls. 100 (10 Toman)
Dah Toman

Rls. 5,000 (500 Toman)
Pansad Toman

Rls. 10 (1 Toman)
Yek Toman

Rls. 200 (200 Toman)
Bist Toman

Rls. 10,000 (1000 Toman)
Hezar Toman

Rls. 50 (5 Toman)
Panj Toman

Rls. 500 (50 Toman)
Panjah Toman

Rls. 20,000 (2000 Toman)
Do Hezar Toman

Rls. 100 (10 Toman)
Dah Toman

Rls. 1,000 (100 Toman)
Sad Toman

Rls. 50,000 (5000 Toman)
Panj Hezar Toman

Rls. 250 (25 Toman)
Bist o Panj Toman

Rls. 2,000 (200 Toman)
Devist Toman

Rls. 100,000 (1000 Toman)
Dah Hezar Toman

Rls. 500 (50 Toman)
Panjah Toman

Rls. 1000 (100 Toman)
Sad Toman

Regulations on Money Export/Import

-

Import of foreign currencies in any amount is
free..

-

Export of foreign currencies in the form of
banknotes and travelers cheque is authorized
up to US$ 1,000 or the equivalent amount in
other currencies by the bearer of passport,
and for each companion (in the case of group
passport) up to US dollars 500. Excess thereto
is permissible in the form of bank cheque or
draft drawn by the banking system.
.

-

Export and import of Rials is permissible up
to Rls. 500,000.
.

-

Import and export of Syrian Pounds, Arabian
Rials, Emirates Dirhams, Iraqi Dinars,
Lebanese Pounds and Afghanis are prohibited by
passengers and commercially. In case a
passenger has them with him at the time of
entry, an exchange declaration must be filled
to prevent difficulties on exit.